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ESGL Holdings Explores Carbon-Neutral Luxury Race Circuit in Bintan

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ESGL Holdings Explores Carbon-Neutral Luxury Race Circuit in Bintan

TipRanks Cyber Monday Sale

An update from ESGL Holdings ( (ESGL) ) is now available.

On November 26, 2025, ESGL Holdings Limited announced a non-binding Memorandum of Understanding with De Tomaso Automobili Holdings Limited and PT Buana Megawisatama to explore the development of a carbon-neutral luxury race circuit in Bintan, Indonesia. This initiative aims to integrate ESGL’s low-carbon technologies, De Tomaso’s luxury automotive design, and PBM’s strategic land development expertise, potentially positioning Bintan as a hub for sustainable mobility and luxury automotive experiences. The collaboration underscores ESGL’s mission to expand circular economy solutions into new sectors, including experiential mobility and low-carbon infrastructure, and highlights the strategic importance of sustainability in regional infrastructure development.

The most recent analyst rating on (ESGL) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on ESGL Holdings stock, see the ESGL Stock Forecast page.

Spark’s Take on ESGL Stock

According to Spark, TipRanks’ AI Analyst, ESGL is a Neutral.

ESGL Holdings faces significant financial challenges, with persistent net losses and negative cash flows being the most impactful factors. Technical analysis indicates bearish momentum, further weighing on the stock’s outlook. The negative P/E ratio and lack of dividend yield highlight valuation concerns. Overall, the stock requires substantial improvements in financial performance and market sentiment to enhance its attractiveness.

To see Spark’s full report on ESGL stock, click here.

More about ESGL Holdings

ESGL Holdings Limited is a Singapore-based company focused on circular economy innovations aimed at reducing carbon emissions across various industries in Asia. Operating through its subsidiary Environmental Solutions (Asia) Pte Ltd, ESGL is committed to advancing sustainable solutions and is currently involved in a potential business combination with De Tomaso Automobili Holdings Limited.

Average Trading Volume: 17,020

Technical Sentiment Signal: Buy

Current Market Cap: $158.9M

For detailed information about ESGL stock, go to TipRanks’ Stock Analysis page.

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